Progressive Corp
NYSE:PGR
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Progressive Corp
NYSE:PGR
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US |
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Intrinsic Value
Is PGR undervalued or overvalued?
See the intrinsic value estimate for Progressive Corp and find out whether today’s valuation is cheap or expensive by its own historical standards.
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PGR looks undervalued.
But is it cheap by its own standards?
See how today’s valuation compares with PGR’s past valuations and how the stock performed after similar periods.
Fundamental Analysis
What Progressive Does
Progressive Corp is a major auto insurer. It sells policies for personal cars, motorcycles, RVs, boats, and commercial vehicles, and it also writes homeowners and other property coverage through partners and direct channels. The company is best known for selling insurance directly to consumers online, by phone, and through agents, with a focus on easy quotes and fast claims service.
- Headquarters
- United States of America US
- Employees
- 70 000
- IPO date
- Jan 6, 1987
Progressive has a narrow economic moat
More accurate estimates of accident costs help Progressive offer attractive prices to selected drivers without giving up profit. Its driving data and experience refining prices support an advantage that competitors cannot quickly copy, rather than preventing customers from leaving.
Read the full moat analysis
The intrinsic value for Progressive Corp (PGR) under the Base Case is hidden USD.
Compared with the current market price of 228.68 USD, the stock appears hidden.